Lot’s of people have been questioning T-Mobile on- and off-contract pricing of the LG Nexus 4. After all, it’s only $299 for the 8GB version and $349 for the 16GB version directly from the Play Store, while T-Mobile is asking $199 for the 16GB version on contract, and a whopping $549 for the phone unsubsidized.

Is a $150 discount from Google’s asking price really worth a two year contract?

Enter Let’s Talk. This online sales portal is offering the Nexus 4 for only $85 on contract, with an additional $8.50 knocked off with coupon code TALK4TEN. That brings the final asking price down to $76.49 – almost $275 less than Google’s own asking price. Now that sounds like a decent phone subsidy, if you ask me, not to mention overnight shipping with FedEx is free.

There’s no word on how long this offer will be good for, but if you’ve been waiting for an excuse to jump on the Nexus 4, I think you just found one.

[Let’s Talk via Droid-Life]